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Regarding the FTA,do we have one with Thailand?My understanding is that, the Ninja 250R comes to India as a part of that deal.Any update on that?
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No, we have FTAs and similar agreements with many countries including many ASEAN, EU countriesOriginally posted by nsgkumar View Post--------------------------------------------------------------------------------------------------
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Iron 883 (2015- ); Interceptor 650 (2019- )Comment
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yaar prices f vegetables,milk,oil flights were increased few mnths b4 budget,.Originally posted by dushyant123 View Post
...n now price f d remanin item r hiked...m woried buddy.
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Petrol will soon touch 70 here.
..aaahhh..again another round f all d price hikes...
ALL IZ WELL.....:PComment
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India has a FTA with more than 25 countries but on different products,etc..
I think, The government is trying to tempt the companies to either setup their plants here or sign a FTA.. they cant afford to loose Indian market.. BTW, i guess the companies too wont hurry up with their plans as the budget norms may change next year too..
What about the European FTA that was supposed to half the prices of Merc n BMWs??? is it still in talks?You gotta risk it.. to get da biscuit !!!Comment
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Boomerang
Any one here speak Finance ??
``For the automobile industry, the basic customs duty has been cut from 60 per cent to 30 per cent on CKD kits containing a pre-assembled engine, gear box or transmission assembly, imported for the manufacture of vehicles.``-- Finance Minister Pranab Mukherjee
FM rolls back healthcare tax
Cheers !
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So price of Ninja expected to go down?Originally posted by docted View PostAny one here speak Finance ??
``For the automobile industry, the basic customs duty has been cut from 60 per cent to 30 per cent on CKD kits containing a pre-assembled engine, gear box or transmission assembly, imported for the manufacture of vehicles.``-- Finance Minister Pranab Mukherjee
FM rolls back healthcare tax
Cheers !Comment
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Correct me if I am wrong, but does this means that the duty on CKD units which was 10% (before budget) was increased to 60%, has now been reduced to 30% after the negative response from automobile sector????Originally posted by docted View PostAny one here speak Finance ??
``For the automobile industry, the basic customs duty has been cut from 60 per cent to 30 per cent on CKD kits containing a pre-assembled engine, gear box or transmission assembly, imported for the manufacture of vehicles.``-- Finance Minister Pranab Mukherjee
FM rolls back healthcare tax
Cheers !
if its so, then still there will be a 20% price increase in the assembled bikes/cars unit then before.www.motorcykle.in - The lighter side of motorcyclingComment
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No they will go up. As the current price of Ninja is based on the older slab of 10%. It will be interesting to see if Bajaj decides to pass on the cost to its consumers.Originally posted by RAK View Post
Yes. Again the call is on the manufacturers to pass the entire additional cost or part of it to the customers.Originally posted by pulsater View PostCorrect me if I am wrong, but does this means that the duty on CKD units which was 10% (before budget) was increased to 60%, has now been reduced to 30% after the negative response from automobile sector????
if its so, then still there will be a 20% price increase in the assembled bikes/cars unit then before.Imperfect human knowledge may be a bumpy, pot-holed street but its the only road to wisdom worth taking . . .Comment
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Originally posted by docted View PostAny one here speak Finance ??
``For the automobile industry, the basic customs duty has been cut from 60 per cent to 30 per cent on CKD kits containing a pre-assembled engine, gear box or transmission assembly, imported for the manufacture of vehicles.``-- Finance Minister Pranab Mukherjee
FM rolls back healthcare tax
Cheers !
Nothing to cheer about. And no, the prices of Ninja will not go down. In fact expect a northward bump in prices in it remains CKD. For further info, read what pulsater has to say-Originally posted by RAK View Post
Bulls eye pulsaterOriginally posted by pulsater View Post
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Current rides-
Iron 883 (2015- ); Interceptor 650 (2019- )Comment
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I was speaking with the sales manager of Suzuki in Bangalore this PM. He tells me that there is a definitely an increase in prices for the SBKs that they sell. Indicative numbers are - Gsxr - 1.25L, Busa - 83K, Intruder - 1L & Bandit - 50/60k. This would be effective April 1, 2011. Though, he is not clear under which head the increase is categorized (VAT/Duties/others).
Has anyone else heard about this? How about other brands - Yamaha/Ducati/HD ?Comment
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why there would be a price increase in the CBU units? The tax tariff remains the same for all CBUs (=60%). I am more keen to know the new pricing of Ninja250R and Harley Davidsons.Originally posted by daxim View Postwww.motorcykle.in - The lighter side of motorcyclingComment
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